Money Concepts Capital Corp Has $3.03 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Money Concepts Capital Corp boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 5.3% in the first quarter, Holdings Channel reports. The fund owned 58,497 shares of the company’s stock after acquiring an additional 2,961 shares during the period. Money Concepts Capital Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,029,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. First Pacific Financial acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at approximately $25,000. Future Financial Wealth Managment LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth $26,000. Mainstream Capital Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $28,000. O Shaughnessy Asset Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 107.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock valued at $28,000 after buying an additional 254 shares in the last quarter. Finally, Capital A Wealth Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $29,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.4%

NASDAQ JEPQ opened at $54.13 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $58.54. The company has a market capitalization of $25.29 billion, a price-to-earnings ratio of 32.17 and a beta of -0.84. The stock’s 50 day moving average is $52.04 and its two-hundred day moving average is $54.00.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were given a dividend of $0.6207 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $7.45 annualized dividend and a yield of 13.76%.

JPMorgan Nasdaq Equity Premium Income ETF Company Profile

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach.